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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 1,534.1 $ 1,360.5
Trade and other accounts receivable – net 925.7 815.6
Finance receivables and contract receivables - net 751.6 730.3
Inventories – net 1,024.5 943.4
Prepaid expenses and other current assets 149.4 139.6
Total current assets 4,385.3 3,989.4
Property and equipment:    
Property and equipment – gross 1,673.9 1,600.0
Accumulated depreciation (1,114.2) (1,057.4)
Property and equipment – net 559.7 542.6
Operating lease right-of-use assets 87.2 89.4
Deferred income tax assets 73.5 78.0
Long-term finance receivables and contract receivables - net 1,714.5 1,730.3
Goodwill 1,105.8 1,056.8
Other intangible assets – net 275.4 267.6
Pension assets 130.1 125.4
Other long-term assets 24.1 17.3
Total assets 8,355.6 7,896.8
Current liabilities:    
Notes payable 21.3 13.7
Accounts payable 271.3 265.9
Accrued benefits 62.1 67.2
Accrued compensation 84.5 86.1
Franchisee deposits 73.8 70.9
Other accrued liabilities 483.8 457.7
Total current liabilities 996.8 961.5
Long-term debt 1,186.2 1,185.5
Deferred income tax liabilities 74.3 73.5
Retiree health care benefits 17.9 19.4
Pension liabilities 75.0 78.4
Operating lease liabilities 64.6 68.6
Other long-term liabilities 97.0 92.9
Total liabilities 2,511.8 2,479.8
Commitments and contingencies (Note 13)
Shareholders’ equity attributable to Snap-on Incorporated:    
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding) 0.0 0.0
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,461,269 and 67,456,641 shares, respectively) 67.5 67.5
Additional paid-in capital 572.4 557.7
Retained earnings 8,003.9 7,584.3
Accumulated other comprehensive loss (393.7) (575.0)
Treasury stock at cost (15,458,926 and 15,074,968 shares, respectively) (2,431.1) (2,240.4)
Total shareholders’ equity attributable to Snap-on Incorporated 5,819.0 5,394.1
Noncontrolling interests 24.8 22.9
Total equity 5,843.8 5,417.0
Total liabilities and equity 8,355.6 7,896.8
Land    
Property and equipment:    
Property and equipment – gross 35.5 33.7
Buildings and improvements    
Property and equipment:    
Property and equipment – gross 472.8 462.6
Machinery, equipment and computer software    
Property and equipment:    
Property and equipment – gross 1,165.6 1,103.7
Finance Receivables    
Current assets:    
Finance receivables and contract receivables - net 625.1 610.3
Property and equipment:    
Long-term finance receivables and contract receivables - net 1,291.5 1,312.0
Contract Receivables    
Current assets:    
Finance receivables and contract receivables - net 126.5 120.0
Property and equipment:    
Long-term finance receivables and contract receivables - net $ 423.0 $ 418.3